B

City Of Investment

5.1/10
Direct FX logo

Direct FX

6.9/10
5/10WinnerRegulation3/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

City Of Investment was founded in 2009 and is headquartered in United Kingdom, while Direct FX was established in 2006 and is based in New Zealand. City Of Investment holds licences including Financial Markets Authority (FMA), while Direct FX is regulated by Unregulated among others. City Of Investment serves 10,000+ clients worldwide; Direct FX has 10,000+. The minimum deposit is $3000 at City Of Investment and $1 at Direct FX.

Direct FX wins this category
FeatureCity Of InvestmentDirect FX
Min. Deposit$3000$1
RegulationFinancial Markets Authority (FMA)Unregulated
Founded20092006
CountryUnited KingdomNew Zealand
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between City Of Investment and Direct FX, directly affecting your bottom line as a trader. Direct FX has a lower barrier to entry with a minimum deposit of $1 (vs $3000 at City Of Investment). City Of Investment charges withdrawal fees while Direct FX does not, a notable advantage for frequent withdrawers. City Of Investment applies inactivity fees on dormant accounts; Direct FX does not. City Of Investment charges deposit fees; Direct FX does not. Overall, Direct FX scores higher on fees in our assessment.

Direct FX wins this category
FeatureCity Of InvestmentDirect FX
Min. Deposit$3000$1
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

City Of Investment offers MT4, MT5, cTrader, while Direct FX supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Direct FX supports social and copy trading features, which City Of Investment does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCity Of InvestmentDirect FX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how City Of Investment and Direct FX compare. Direct FX runs regular live webinars; City Of Investment does not. Both provide video tutorials. Direct FX publishes daily market commentary; City Of Investment does not. Both integrate third-party research tools. Direct FX maintains an archive of past webinars for on-demand viewing. Direct FX scores higher overall in education and research.

Direct FX wins this category
FeatureCity Of InvestmentDirect FX
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. City Of Investment accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Direct FX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCity Of InvestmentDirect FX
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both City Of Investment and Direct FX offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureCity Of InvestmentDirect FX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese